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(PREMEXPLN) Prem Explosives complete technical analysis [charts+indicators] | Buy/Sell Prem Explosives | (PREMEXPLN) share price targets

Complete technical analysis of Prem Explosives (PREMEXPLN) by charts plus indicators, forecast predictions and share price targets for Prem Explosives (PREMEXPLN)

Prem Explosives trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-01-11 View latest technical analysis

10 day averaged volume of Prem Explosives is 34679

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	1625.20	1580.00	1660.00	1572.05	2.697 times
10 Wed Jan 2024	1572.15	1568.80	1590.00	1546.60	0.74 times
09 Tue Jan 2024	1561.75	1560.00	1582.60	1549.00	1.197 times
08 Mon Jan 2024	1561.10	1587.10	1601.65	1511.00	2.241 times
05 Fri Jan 2024	1574.60	1573.00	1590.00	1531.95	0.699 times
04 Thu Jan 2024	1557.05	1564.95	1598.80	1521.00	0.993 times
03 Wed Jan 2024	1551.75	1549.00	1571.85	1502.10	0.665 times
02 Tue Jan 2024	1539.75	1569.20	1599.95	1532.30	0.898 times
01 Mon Jan 2024	1560.65	1588.00	1600.00	1531.00	0.766 times
29 Fri Dec 2023	1588.00	1610.00	1610.00	1562.05	1.402 times

Stock of Prem Explosives (PREMEXPLN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1617.4, but if it comes below 1617.4, then a intra day sell could be more profitable.
If you take a sell trade below 1617.4, then use 1617.4 as stoploss and 1586.71 as target. However if you take a buy trade in stock , then use 1617.4 as stoploss and 1654.2 as target.

Share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Target	430.05
Downside Target	943.15
Downside Target	1010.25
Downside Target	1094.00
Downside Target	1181.25
Downside Target	1376.65
Downside Target	1495.00
Downside Target	1600.00
Upside Target	1649.90
Upside Target	1660.00
Upside Target	1669.00

Intraday share price targets for Prem Explosives (PREMEXPLN)

Target Type	Value
Downside Intraday Target	1537.47
Downside Intraday Target	1449.73
Upside Intraday Target	1686.47
Upside Intraday Target	1747.73
Downside Intraday Target	1598.73

Weekly technical analysis of Prem Explosives (PREMEXPLN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	1625.20	1587.10	1660.00	1511.00	1.71 times
05 Fri Jan 2024	1574.60	1588.00	1600.00	1502.10	1.086 times
29 Fri Dec 2023	1588.00	1609.05	1660.00	1562.05	0.728 times
22 Fri Dec 2023	1603.20	1633.95	1649.90	1495.00	0.881 times
15 Fri Dec 2023	1618.75	1590.80	1669.00	1524.30	0.602 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Prem Explosives (PREMEXPLN)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	1625.20	1588.00	1660.00	1502.10	0.437 times
29 Fri Dec 2023	1588.00	1444.00	1669.00	1376.65	0.995 times
30 Thu Nov 2023	1424.10	1240.55	1546.10	1181.25	0.475 times
14 Mon Aug 2023	1020.10	1005.00	1094.00	943.15	0.255 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prem Explosives (PREMEXPLN)

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Prem Explosives ( (PREMEXPLN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Prem Explosives stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Prem Explosives in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Prem Explosives Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prem Explosives in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Prem Explosives is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1577.3 and Prem Explosives (PREMEXPLN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Prem Explosives (PREMEXPLN) stock. Volume based technical analysis of Prem Explosives (PREMEXPLN) stock is negative.

Prem Explosives Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.